I got an opportunity to hop in for a short/sell trade in this market with a potential bearish bat setup (formation) with the market consolidation behavior in this timeframe. On the higher timeframe such as the Daily, market is quite down trending. I could aggressively sell the market with a pending short limit order once market is open or conservatively wait for confirmation once price reach my bear Bat PRZ such as a candle LLLC or a signal or clues from our technical indicators. And again, please manage your risk accordingly and have fun trading!
PS. Happy new year everyone! First analysis of the year and hoping we got this right!
PS. Happy new year everyone! First analysis of the year and hoping we got this right!
코멘트:
If taken a long trade on this one we could now manage our SL to BE and wait for an entry to short/sell on the APF completion. Trade with care.